Fairchij: It is a show me statement for Institutions and Industry to say that POET will have the means to up list. Let’s see where the stock goes once the news that industry is on side and the specialized tech institutions can buy.

And it is a means to be prepared, just in case. The company has made it clear right from the beginning that an R/S would only be done if and when the time, the circumstances, the market, the whatever are right. They have also made it clear that it remains an option to not do an R/S at all. Anyway, they cannot control the share price (or only up to a certain degree), so it is better to be prepared and have that tool available. I have no reason to assume that now would be an appropriate situation to pull the R/S card.

Apropos now, as I understand it, the word now, as Tom used it, does not mean this very second, not even this very month, but rather this very phase the company is in. My understanding is also that whilst POET is trying to find ways to communicate design wins, this search might end or have ended unsuccessful.

But this would only delay the process of closing the gap between market perception (aka share price) and reality. I stick to my worst-case scenarion that this will happen by the end of May 2022 at the latest, but very likely earlier.